How Crypto Taxes Work

Crypto taxes explained: Learn how taxes on cryptocurrency are calculated and how to pay taxes on crypto. Learn step by step how to calculate crypto taxes

Find out what tax rate you may have for your crypto taxes. Crypto and bitcoin tax rates depend on your income as well as how long you held the cryptocurrency.

What crypto transactions are taxable? Are crypto to crypto trades taxable? Learn what cryptocurrency transactions are taxable events.

Accounting methods like FIFO and LIFO for crypto capital gains taxes: How to use them, and how the TokenTax Minimization algorithm can lower your tax liability

How crypto losses taxes work: Deduct crypto losses from your income — or offset other capital gains. You can even carry forward capital losses to later years.

Transferring crypto between wallets and/or exchanges is not in itself taxable. It's important, however, that you accurately account for all your crypto trades

How to handle your crypto taxes if you have traded on margin exchanges. TokenTax supports margin exchanges like Bitmex, Deribit, Kraken, and more

If you received a Form 1099-K from an exchange like Coinbase, there's no need to panic. Learn what the 1099-K is and what it means for your crypto taxes.

When you file crypto taxes, you report either short term capital gains or long term capital gains; we explain the different tax implications for both

Did you receive a Letter 6173, 6174, or 6174-A or a CP2000 notice from the IRS for your crypto taxes? Learn what these letters mean and what action to take

There are different tax implications for unrealized and realized crypto gains and losses, and realizing losses may be able to help you save money on taxes.

If you’ve lost crypto due to a wallet hack, a crypto scam, or an unexpected exchange shutdown, here's what your tax situation may look like

Average cost basis accounting is used for crypto tax in countries like Canada and the United Kingdom. Learn what average cost is and how it works for crypto tax

Crypto tax software by TokenTax: How like kind exchange works, and when you may — or may not — be able to use it for cryptocurrency tax calculation.

Stablecoins, like USDT, USDC, PAX, and DAI, are typically pegged to a fiat currency like the US Dollar. Here's how cryptocurrency tax works for these assets.